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131 Mcdowell Street , Asheville, NC 28801

$2,600,000

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MLS#4397986

STATUSActive PROPERTY TYPECommercial - Business

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Property Description

Outstanding redevelopment opportunity ~ 2.254 acs located in the heart of Asheville's medical district adjacent the Mission Hospital campus! Great location for high density apartments, assisted living or medical center development! INST zoning accommodates 60 units ac under an affordable concept with no height standards excepting portions of the site located outside the transition area (ask agent re: potential land swaps). Buildings on site are deemed to have no contributory value. Do not enter buildings (demo estimate is available upon request). Ask agent re: interior condition; do not go inside the building. This offering is as is- where is. Agent must accompany.

131 Mcdowell Street | MLS# 4397986

This commercial property located at 131 Mcdowell Street , Asheville, NC 28801 is currently listed for sale with an asking price of $2,600,000. Search Asheville real estate on abigailj.lakenormanrealty.com today.

Property Features

Property Type: Commercial - Business

Basement: Exterior Entry, Other

Basement: Yes

Heating: Central, Other - See Remarks

Lot Size: 2.25 Acres

Roof Type: Composition

Year Built: 1974

Feature Descriptions

Accessibility Features: See Remarks

Appliances: None

Exterior: Hard Stucco, Stone Veneer, Wood

Flood Plain: No

Flooring: Carpet, Tile, Other - See Remarks

Foundation: Basement

Lot: Cleared, Hilly, Sloped, Wooded, Views

Other Parking: Paved and gravel surface parking

Other Structures: Other - See Remarks

Parcel#: 9648-34-5490-00000

Parking: Driveway, Parking Lot, Parking Space(s), Other - See Remarks

Sewer: Public Sewer

Special View Info: City

Utilities: Cable Connected, Electricity Connected, Natural Gas, Phone Connected, Other - See Remarks

Water: City

Listed By / Shown By

Listed By

Agency Name: NAI Beverly-Hanks
Agency Contact: markmorris@naibeverly-hanks.com

Shown By

Agent Name: Abigail Jennings
Agent Phone: (704) 892-9673 ext. 101
Agency Title: Lake Norman Realty

131 Mcdowell Street , Asheville, NC 28801

$2,600,000

SAVE TOUR PROPERTY

Contact Abigail

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/26/2026. The listing information on this page last changed on 06/26/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/26/2026 3:58:38 PM EST) or Canopy MLS (last updated Fri 06/26/2026 3:48:13 PM EST) or Triad MLS (last updated Fri 06/26/2026 3:57:01 PM EST). Real estate listings held by brokerage firms other than Lake Norman Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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131 Mcdowell Street , Asheville, NC 28801

Property Description

131 Mcdowell Street | MLS# 4397986

Property Features

Feature Descriptions

Listed By / Shown By

131 Mcdowell Street , Asheville, NC 28801

Contact Abigail

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